While not a new idea, a sale and lease back transaction — where the owner of an asset sells the asset and then leases it back from the buyer — might make sense for some fleets today.
Daseke has announced the formation of Daseke Fleet Services, a new department dedicated to improving purchasing and equipment efficiency.
More fleets are looking more closely at all their options, from outright ownership to finance leasing to full-service leasing, even opting to own some trucks while leasing others.
Members of the Truck Renting and Leasing Association (TRALA) purchased 29% of all Class 2-7 commercial trucks in the U.S. and purchased more than 23% of all Class 8 tractors in 2016, according to a new industry survey.
A study jointly produced by FTR and CK Commercial Vehicle Research is now available, examining heavy duty vehicle usage, maintenance practices and replacement parts purchasing activity.
The U.S. Postal Service has requested prototypes from 15 qualified suppliers for a purpose-built delivery vehicle that would replace its aging fleet of Long Life Vehicles (LLVs).
Pacific Gas & Electric will invest $100 million to purchase battery-electric vehicles and gasoline-electric hybrids over the next five years to reduce fuel costs and lower emissions, the nation's largest utility announced Oct. 15.
The U.S. Postal Service's Office of Inspector General (OIG) has recommended four best practices and strategies for replacing vehicles based on a study of postal operations in the United Kingdom, Germany, Switzerland, Sweden, and Finland.
Net orders of Class 5-7 vehicles fell 3 percent in June due to a "large hiccup" in truck ordering, according to ACT Research's president.
Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.